STEP · CIK 0001796022 · operating
Founded in 2007, StepStone Group is a private equity and venture capital firm that manages capital across multiple investment strategies and geographies. The firm operates through two primary segments: direct investments and fund of funds. Direct investment activities span venture debt, private debt, seed and early-stage venture, growth capital, buyouts, turnaround situations, and secondary positions across sectors including technology, healthcare, natural resources, infrastructure, and real estate. Fund of funds operations involve commitments to private equity, venture capital, real estate, infrastructure, and distressed debt funds, with flexibility to take minority stakes or co-investment positions alongside fund managers.
The firm's investment approach emphasizes diversification across development stages, with allocation targets between emerging and developed markets. Geographic reach spans North America, Europe, Asia-Pacific, and Latin America, with established operations in the United States, Brazil, Mexico, South Korea, Australia, and China. The firm maintains an emerging market exposure target of 5 to 40 percent across its portfolio.
StepStone operates with approximately 1,275 full-time employees and maintains headquarters in New York with regional offices supporting operations across multiple continents. The firm is listed on Nasdaq with a market capitalization of $5.4 billion.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $-2.52 | $-2.52 | -376.9% | |
| 2024 | $0.91 | $0.91 | +403.3% | |
| 2023 | $-0.30 | $-0.30 | -107.8% | |
| 2022 | $3.84 | $3.89 | +86.4% | |
| 2021 | $2.06 | $2.11 | — |